AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since May 09, 2023 when AUD/USD traded near 0.68.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Asia Day Ahead: Wall Street Up Overnight; Sentiment in Extreme-Greed Territory
The softer US economic calendar overnight prompted market participants to source for clues on the […]
Crude Oil Price Bounces Around but is Unable to Break the Range Where to for WTI?
Crude oil prices regained traction going into Friday after testing the downside overnight as potentially […]
Australian Dollar Holds Ground as Market Looks to the Fed after BoC Hike
The Australian Dollar consolidated today after a bumpy ride through the Bank of Canada rate […]
Gold Price Setup: Can Stretched Long Positioning in XAU/USD Trump Technicals?
Gold is at a critical juncture – stretched retail traders’ long positioning poses downside risks […]
Asia Day Ahead: Higher Treasury yields triggered profit-taking in Nasdaq overnight
A quiet US economic calendar overnight shifted much of the market focus to Bank of […]